Comparison between Micropro Software Solutions IPO and SAR Televenture IPO.
Micropro Software Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SAR Televenture IPO is a SME Bookbuilding proposed to list at NSE SME.
| Micropro Software Solutions IPO | SAR Televenture IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | R.K.Stock Holding Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Micropro Software Solutions IPO is up to ₹29.16 Cr whereas the issue size of the SAR Televenture IPO is up to ₹23.49 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of SAR Televenture IPO is ₹55.00 per share.
| Micropro Software Solutions IPO | SAR Televenture IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹55.00 per share | |
| Issue Price (Final) | ₹81.00 per share | ₹55.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 36,00,000 shares | 42,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.16 Cr | up to ₹23.49 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 36,00,000 shares | 42,70,000 shares |
| Issue Size Total (Amount) | up to ₹29.16 Cr | up to ₹23.49 Cr |
Micropro Software Solutions IPO opens on Nov 03, 2023, while SAR Televenture IPO opens on Nov 01, 2023. The closing date of Micropro Software Solutions IPO and SAR Televenture IPO is Nov 07, 2023, and Nov 03, 2023, respectively.
| Micropro Software Solutions IPO | SAR Televenture IPO | |
|---|---|---|
| Anchor Bid Date | Oct 31, 2023 | |
| Issue Open | Nov 03, 2023 | Nov 01, 2023 |
| Issue Close | Nov 07, 2023 | Nov 03, 2023 |
| Basis Of Allotment (Tentative) | Nov 09, 2023 | Nov 06, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 07, 2023 |
| Credit of Share (Tentative) | Nov 10, 2023 | Nov 07, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 08, 2023 |
| Anchor Lockin End date 1 | Dec 06, 2023 | |
| Anchor Lockin End date 2 | Feb 04, 2024 |
Micropro Software Solutions IPO P/E ratio is 0.34, as compared to SAR Televenture IPO P/E ratio of 0.6.
| Micropro Software Solutions IPO | SAR Televenture IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 63.40 | 87.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 46.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0.34 | 0.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.48 Cr. | ₹82.50 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 0.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ₹91.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.93% | 32.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Micropro Software Solutions IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in SAR Televenture IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Micropro Software Solutions IPO and 8,48,000 shares in SAR Televenture IPO.
| Micropro Software Solutions IPO | SAR Televenture IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,72,000 shares | |
| Market Maker Reservation | 1,90,400 shares | 2,30,000 shares |
| QIB | 8,48,000 shares | |
| NII | 18,00,000 shares | 6,50,000 shares |
| RII | 18,00,000 shares | 15,00,000 shares |
| Employee | ||
| Others | ||
| Total | 36,00,000 shares | 42,70,000 shares |
Micropro Software Solutions IPO subscribed 36.88x in total, whereas SAR Televenture IPO subscribed 288.09x.
| Micropro Software Solutions IPO | SAR Televenture IPO | |
|---|---|---|
| QIB (times) | 77.00x | |
| NII (times) | 22.60x | 715.77x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 49.08x | 222.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 36.88x | 288.09x |
